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Tuesday, January 22, 2013

Undervalued Stock Detected (NYSE: VIP)

Shares of VIP traded higher by 0.88% or $0.105/share to $12.00. NYSE is trading at a price to book ratio of 1.31. The PEG is 0.16 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.84. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 1247370 shares of VIP exchange hands on a given day and today's volume is recorded at 521254. These factors combined may make this company a potential takeover candidate. Value investors may have an eye on this one, especially if the stock gets cheaper.

VimpelCom Ltd. (VimpelCom) is a holding company. The Company operates in Mobile Telecommunications Businessand Fixed-Line Telecommunications and Fixed Internet Business.